Score: 0 of 50 pts 6 of 6 (0 complete) HW Score: 0%, 0 of 100 P5-37A (similar to) Question Help Thomas Electronics Company uses a perpetual inventory system. The unadjusted trial balance for Thomas Electronics Company at March 31, 2018, follows: (Click the icon to view the unadjusted trial balance.) Read the requirements. Requirement 1. Journalize the adjusting entries using the following data: (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) a. Interest revenue accrued, $400. Date Accounts and Explanation Debit Credit Mar. 31 Adj. (a) er Homework.aspx?homeworkid=555799544&questionId=1&flushed=false&cld=5881629 T_2213_103_20708_202020_16 Logan Nicklas hapter 5 6 of 6 (0 complete) i Data Table Thomas Electronics Company Unadjusted Trial Balance March 31, 2018 400 Account Title Cash Accounts Receivable Merchandise Inventory Office Supplies Equipment Accumulated Depreciation-Equipment Balance Debit Credit 16,000 33,500 45,770 6,300 134,000 37,600 16,700 13,500 42,000 50,000 Unearned Revenue Notes Payable, long-term Common Stock er af Print [Done] 10J LUJUU oter 5 6 of 6 (0 complete) Data Table 134,000 $ 37,600 16,700 13,500 42,000 50,000 12,270 Equipment Accumulated Depreciation Equipment Accounts Payable Unearned Revenue Notes Payable, long-term Common Stock Retained Earnings Dividends Sales Revenue Cost of Goods Sold Salaries Expense (Selling) Rent Expense (Selling) Salaries Expense (Administrative) Utilities Expense (Administrative) 22,000 290,000 148,000 25,000 16,100 5,100 10,300 462,070 $ Total $ 462,070 [Print Print Done Done 6 of 6 (0 complete) a perpetual inventory system. The unadjusted trial balance for Thomas Electronics Company at usted trial balance.) i Requirements 1. Journalize the adjusting entries using the following data: a. Interest revenue accrued, $400. b. Salaries (Selling) accrued, $2,200. c. Depreciation Expense-Equipment (Administrative), $1,340. d. Interest expense accrued, $1,700. e. A physical count of inventory was completed. The ending Merchandise Inventory should have a balance of $45,700. f. Thomas estimates that approximately $7,500 of merchandise sold will be returned with a cost of $3,750. 2. Prepare Thomas Electronics's adjusted trial balance as of March 31, 2018. 3. Prepare Thomas Electronics's multi-step income statement for year ended March 31, 2018 Print Done ny number in the input fields and then click Check